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. >>> we do have breaking news this morning. shocking news, really. pope benedict xvi isresigning. a spokesman will not reveal way. fatigue and possibly declining health over the past year, but, again, no reason has been given. he became pope in 2005. you will remember, he had been joseph rat singer, cardinal, a major figure at the vatican for years before he became pope benedict. german born. been pope for nearly eight years. nearly eight years and this is just a major, major bit of news this morning. coming out of the vatican, again, cnn confirming the pope will step down on february 28th, which is just a little over two weeks from today. >> and no clear reason. we're trying to get more details to share those with you. this is shocking. this is shocking, absolutely shocking. we'll continue to watch the developments for you, folks. 6:00. the painstaking cleanup getting under way after a violent tornado ripped through mississippi tearing apart homes, businesses and even causing damage to a university campus. a storm chaser occasi e er -- l. capture these images. this is 100 miles
the successor to pope benedict after that shocking decision yesterday to step down. and another big story we're following is back at home, because the president is putting the finishing touches on the first state of the union speech of his second term. and we'll have a lot more on that coming up in this hour. but this morning, we are starting to get new information about pope benedict, and particularly about his health. decisions that may have played into his shocking announcement to abdicate. for example, we now know this morning, the pope has had a pacemaker for some time and actually had a minor operation to replace its batteries three months ago. we're also hearing for the first time about a fall he took while he was on a trip to cuba in mexico. just hours after his announcement, this video circulated. you can see it shows lightning striking st. peter's basilica, maybe leading some catholics to wonder if it was some sort of sign from above. a sign of what, that's also a source of speculation here. i'm joined by elizabeth lev here in rome. good to see you. >> great to be here. it's a real
the world," we begin in vatican city. pope benedict xvi's final days in power filling up with a scandal. >> the top cardinal just resigned after four priests accused him of inappropriate acts. and the vatican in damage control mode after reports of network of gay priests at the vatican blackmailed by prostitutes. >>> fidel castro sworn in and announces this is his last go-round. he says he plans to retire in 2018, most likely to put an end of rule by castros. >>> and south africa, another pistorius facing charges in a woman's death, carl pistorius, the older brother of oscar pistorius, charged with culpable homicide after he was involved in a car axe deputy two years ago. >> they say carl pistorius was driving recklessly. he was to go to trial last week but that's been pushed back to the end of march because of the murder charges against his brother. >>> back to vatican city. where alleged sex scandal and intrigue swirling around the catholic church right now, happening just days before pope benedict xvi is stepping down. >> talk about timing. the pope just issued an order allowing the
and makes us new." just ahead, benedict's health, his replacement, and what's next for the catholic church. "newsroom" starts now. >>> good morning. thank you so much for joining me. i'm carol costello. we begin with a bombshell greeting 1 billion catholics around the world. their spiritual leader, pope benedict xvi stepping down at the end of the month. we're bringing you all the angles of this developing story. joining me now for this hour's special coverage, chris cuomo, he's in new york. >> good morning, carol. great to joining here. >>> shocking news because this simply hasn't been done. it's been almost 600 years since a pope resigned. it was gregory xii. it was to end the civil war. the question becomes why is pope benedict doing this now? we're going to get reaction first because no one saw this coming, certainly in this country. let's start off our coverage with deb feyerick in st. patrick's cathedral in new york city, the center of the american catholic tradition here. deb, what are you hearing this morning? what a shocker. >> reporter: it's fascinating because the resignation to
for just another money for 1.2 billion catholics across the globe. pope benedict xvi stunned virtually everyone announcing he will step down at the end of the month. in the catholic church, that sets off an elaborate and spiritual effort to fill one of the most prestigious jobs in the world. senior foreign affairs correspondent amy kellogg begins our coverage from rome. >> reporter: even to many insiders the announcement came at a shock. pope benedict said he no longer has the strength to lead the roman catholic church as it needs to be guided and he will step down on february 28. >> he is loved for the church such that he has concluded it will be better not to try to lead the huge flock. without the full strength. we pray for him. we pray for the church. >> i have always admired him as a scholar and priest and holy man. now the admiration for him is higher because of the humility. >> cardinal was the oldest to be chosen as pope. he had a tough act to follow in the wake of global adoration enjoyed by his predecessor, pope john paul ii. he rose to the occasion, travelling abroad, two do
>>> breaking news we have been telling you about. pope benedict xvi resigning february 28th. he is citing ill health. and uncertainty what that ill health will be. we're trying to get more details. unprecedented. >> hasn't happened in 600 years. so many questions. so much now that needs to happen with electing the new pope. we'll bring you the information coming up on "starting point" a few seconds from now. that's "early start." i'm john berman. >> i'm sfwlor azoraida sambolin. "starting point" with soledad o'brien starts right now. >>> we begin with breaking news. pope benedict xvi resigning. age and fatigue are the reasons behind his resignation. here is what the statement reads in part "both strength of mind and body are necessary. strength which in the last few months has deteriorated in me to the extent that i have had to recognize my incapacity to adequately fulfill the ministry entrusted to me." this tweet came from the pope's account 23 hours ago. we must trust in the mitty power of god's mercy. we are all sinners, but his grace transforms us and makes us new. this woul
the vatican that pope benedict xvi will re-sign at the end of the month? the pope says he no longer has the strength to carry out 0 the job. joe rosato jr. spoke to san francisco's controversial archbishop who knows the pope well. >> reporter: shortly before pope benedict was archbishop of san francisco salvator met with the pope. >> he was mentally alert and engaged in conversation, but he seemed to be fiphysically hurti. >> reporter: still, he never expected to hear the history making news pope benedict was stepping down. >> i was just as shocked as anyone else. i hadn't heard raw morse rumors speculation. >> reporter: he watched popes live longer and the stresses of the job grow harder. >> there are greater demands placed on the pope now and going forward living for a longer time. it's a different dynamic now. >> reporter: he says pope benedict's tenure was especially stressful with the church embroiled in the sex abuse crisis, and though the church's critics will likely disagree, he believes pope benedict will be remembered for his courage to address it. >> he was one of the leading
in modern times think resignation is acceptable or not. pope benedict said, in fact, made it very clear that being able to resign was acceptable and made this part of the statement released from the vatican, both strength of mind and body is necessary, and lots of questions, of course. we know the date he would be stepping down, which would be february 28th. many questions about why now? mep notice that the pope is much more frail in recent months, and the question would be unbelie unbelievably unusual. let's go to nic robertson joining us by phone. nic, lots of questions. nic live in london this morning. a bit of a stunner. was there any indication that this resignation was coming? >> absolutely none whatsoever, and the last few months, the pope started a twitter account, not what you expect the pope to do when he would say his pope is deteriorating. the pope has looked deep into his conscience, this is a personal and profound decision that he has made with god in light of the responsibilities he has. and the other thing we heard from the papal spokesperson, which is interesting, becau
benedict xvi stunned every this week by announcing he is resigning at the end of this month. we expect the cardinals to gather in mid-to late march to elect a new pope. our brian todd has a closer look now at who will run things in the meantime, and at the politics of picking the pope's successor. >> reporter: it is politics in overdrive, with the pope leaving february 28th, who will be in power at the vatican until a new pope is elected. there is a position, a right-hand man to the pope, who deals with finances and the managing tasks. it was portrayed as a master power broker. in real life, the title was held by the cardinal who also holds the powerful position of secretary of state, who in the vatican is like a prime minister. but experts say don't get the idea that bertoni is the stuff of movie legend. >> despite the job title and movies, he is not the best organizer? >> no, the joke in rome is he couldn't organize a one-man band, the number one criticism is they couldn't make the job run on time. >> reporter: the correspondent for the national catholic reporter newspaper says that
benedict xvi says he'll resign at the end of this month after only eight years as leader of the world's 1 billion roman catholics. he says it's because of his age and his health. and now the question being asked around the world, who will be the next pope? we're watching what's going on. we have several correspondents in rome. pope benedict's papacy has been marked by serious controversies, especially the sex abuse scandal and his prior role as the church's lead investigator personally handling every single case that made its way to the vatican. cnn's brian todd is working this part of the story for us. we're going to go to rome in just a few moments, but tell us what's going on. >> reporter: wolf, here at the basilica of the national shrine of the immaculate conception they were shocked as anyone. this is the spot where it was one the most talked about moments of his visit to the united states almost five years ago. the place where he addressed one of the biggest controversies of his tenure and there was certainly no shortage of those during his papacy. the scrutiny began before he even
on quicken loans. >>> good morning. it has not happened in more than 700 years, this morning pope benedict xiv announced he will resign, saying he doesn't have the strength to go on. it shocked even new york's cardinal timothy dolan. >> i'm as startled as the roast of you, except for prayer, i don't know what else to do. i'll await instructions like everyone else. >> the 85 years old leader will step aside february 28th. the vatican says they hope to elect a new pope by easters. the pope made the announcement in latin, saying, quote, after having repeatedly examined my conscience before god, i have come to a certainly that my strengths are not -- the pope's declining health has been an issue. he goes to and from the altar on a moving platform, so he doesn't have to walk down the long aisle. sometimes he using a cane. his brothers says the doctors told hi not to take any more transatlantic trips. >>> he is also an nbc vattian analyst. george, good to see you. you and i are in somewhat frequent contact, as you send out notes about what's going on, but did anybody really see this coming? i no
minutes, pope benedict xvi is expected to board a helicopter and leave the vatican for good. he also said he will pray for them as they choose a successor. joining me now father robert ber rain. and investigative journalnyist and daily beast intruder. 2:00 eastern time, the pope is going to read the first in 600 years to step down. talk to me about his legacy, father. >> part of the interpretation of vatican 2. both he and john paul ii saw their papacies an attempt to interpret vatican too properly. not so much a modernization of the church, vatican ii was an evangelical missionary council. to some degree modernizing to make the church a more apt meaning to that. hence the wide travel for example of john paul ii, hence the great teaching of benedict xvi. i think that's his major legacy. >> they're very different at least in their style and in their i guess pastor abilities in some way, although not very different philosophically. >> this has been a really unsuccessful papacy and the greatest single act of his papacy is that our church is in real trouble and i am not able to cope with the
. the number of priest says an ongoing concern. so i guess my question is what kind of church is pope benedict leaving, and in particular as it relates to the american catholic. >> i think the pope is leaving behind a church in the united states that is in the strongest shape of any developed world. far stronger than western europe, stronger than latin america or canada. another quarter of a million will enter the catholic church this easter. seminaries in chicago, in maryland, at the north american college in rome are more full than they have been in 40 years, so there are real signs of vitality in the church in the united states. i think what we need to recognize, chris, is that this is a hinge moment in history. benedict xvi will be the last pope who attended the second vatican council, a significant theological adviser there. the next pope, whoever he is, will not have attended the second vatican council. so one era in the history of the catholic church and new era, which i describe in a book called evangelical catholicism, is about to open up. >>> people will be talking about it a lot in
church are going to be looking for a new pontiff after pope benedict announced yesterday he is stepping down. the decision stunned even his closest aides even though the 85-year-old hinted in the past that his age and waning strength could force him to resign. he was elected in 2005 and will stay on until february 28th. his plan to meet for that secret enclave to select a new leader. we have a report from vatican city. >> reporter: the day after the shocking announcement that he will resign on february 28th, more details are emerging about his decision. the vatican's own newspaper said that this decision was taken at least a year ago after his trip to cuba and mexico in march 2012. that's when the pontiff realized he's just too old and too weak to perform his duties as the holy father including, of course, long distance travel. while the speculation now is ripe whether there is any other reason behind his decision. in an interview in 2010 during the scandals that engulfed the vatican and the catholic church including the pedophilia scandal and later the butler scandal with him leaking d
church and new pope to be elect ed ined in the concave in the middle of march, and pope benedict resigning and first time in 600 years and enormous story. >> what about you? >> i learned that the last time the pope resigned, mike barnicle was about to get his driver's license. >> 1415 and let me tell you it was hard. >> well, it is like those flintstone cars that mike had to move the feet really fast. >> all right. well, very good, and pitchers and catchers today. this is the day you waited for. >> it looks like it out there. >> it has been a long and cold and lonely winter. >> little darling. we will see what happens. if it is way too early, mike, what time is it? >> well, if it is way too early, it is time for "morning joe" but now it is time for our old pal chuck todd. >> all right. take itway, chuck. >>> big breaking news this morning, pope benedict xvith announces he will step down at the the end of the month citing a lack of strength. the 85-year-old's historic decision makes him the first catholic church leader to leave office in 600 years. we could have a new pope by mid-
. >>> thank you, guys. a stunner in the catholic church. benedict is the first pope in 600 years to leave on his own will. so the question is, who's next? i'm brooke baldwin. the news is now. he says he wants revenge on the lapd. now as this ex-cop remains on the run, police announce they're looking into his firing. >>> plus, yet another navy s.e.a.l. breaks his silence about the raid that killed osama bin laden. but this time, it's the guy who shot the world's most wanted terrorist. my panel weighs in. >>> and -- ♪ some nights i call >> they are arguably the hottest band in music right now. do you still feel like you're dreaming or has it hit you, your success? >> and you will hear my behind the scenes chat with grammy winners fun. [ lisa ] my name's lisa, and chantix helped me quit. i honestly loved smoking, and i honestly didn't think i would ever quit. [ male announcer ] along with support, chantix is proven to help people quit smoking. it reduces the urge to smoke. it put me at ease that you could smoke on the first week. [ male announcer ] some people had changes in behavior, thin
pope benedict xvi had gathered the cardinals to mark three saints. during a meeting, he also announced his intention to resign at the end of the month. the holy father is 85 years old and despite his age, there had been little indication he would take this action. in a statement of the speech he gave to the cardinals, pope benedict said quote after having repeatedly examining my conscious before god, my strength due to an advance age are no longer suited to an adequate exercise. the pope is referring to saint peter, the first pope of the catholic church. in today's world subject to so many rapid changes and shaken by questions of deep relevance for the life of faith in order to govern both strength of mind and body are necessary. strength which in the last few months has deteriorated that i have had to recognize my capacity or incapacity it to fulfill the ministry and trusted to me. the pope added i thank you most sincerely for the love and support and i ask pardon. there is a report the pope's brother had said the doctor told the holy father he should no longer take trans at
now. >> reporter: pope benedict xvi is retiring as leader of the church with loose ends still to bind. >> i see this really as a remarkable demonstration of his humility. >> i don't believe that we have -- the catholic church is going to select anyone very different. >> it knocked my socks off. >> reporter: there is all kinds of reaction today to the resignation of pope benedict xvi. >> in fact, and we'll miss him. >> reporter: monsignor bartholomew smith is pastor of saint bernadette's in silver spring and credits him with dealing with the child sex abuse scandal head on. >> you get to my generation of priests, people who entered the seminary 20 years ago, we have taken it seriously since the beginning when we first entered because we had just begun to hear about it then. and so, there is so little tolerance and it's changed the practice. we just don't allow ourselves to be in positions where somebody could, even suspect. >> reporter: the reverend clark, a presbyterian minister, is executive director of the enterfaith conference of metropolitan washington. he said benedict's
. >>> 5:25. breaking news out of the vatican. pope benedict xvi is stepping down. >> resignation, we'll tell you why religious leaders say they saw this coming. ♪ [ music ]♪ >> a fun night at the grammys in los angeles. plus a fashion first. which stars tried to skirt around this year's strict dress code. that and more when we come back. >>> pope speaking latin ] >> stunning news from the vatican. pope benedict xvi is resigning. >> it's the first time a pope has resigned in nearly 600 years. >> because of his health. >> the last pope to freely resign was in the 13th century. >> stars and surprises on music's biggest night of the year. >> no bare breasts, no thongs, no see through clothing but not everyone got the memo. >> as you can see, i read the memo. >> more than 200,000 people are still without power in the northeast after a winter storm dumped up to 3 feet of snow this weekend. >> a million-dollar reward for an ex-lapd cop on a rampage. >> help us to find dorner before he is able to kill again. >> head on with you? >> it could have b
this morning, pope benedict xvith announces he will step down at the the end of the month citing a lack of im the first catholic church leader to leave office in 600 years. we could have a new pope by mid-march just before easter. if you think e that the iowa caucuses are complicated, wait until you get a load of the college of cardinals. >>> and at home, the president plans to focus on the economy, but what makes this speech different from most years? it has much more the do with what happens in next six week thans the next year. >>> and the family of joe paterno say nas the investigation has flaws on the original report of the sexual abuse scandal and this morning we will talk to one of the authors of the report attorney dick thornburg. from washington, it is february, 11, 2013, and we will go the rome for pope benedict's historic announce ment. let me begin with the first read, and with the focus of gun violence in an inaugural address that laid out the case of progressive values and the push for a transformative next four years, president obama will pivot back to the economy in the state
. there is a string of child sex abuse scandals surrounding some of those who will choose a successor to pope benedict and now a surprising allegations against a top british cardinal that some media outlets believe play some role in why the pope is stepping down, the first pope in nearly 600 years to do so. pope benedict's last day is thursday after which the college of cardinals will meet to pick a new pope. as always they gather in secrecy and this time it is accompanied by open, loud controversy. today we learned the arch beneficiary off of scotland is stepping down after allegations he made unmented sexual advances allegedly to priests in training. he was supposed to be part of the conclave and now he will not be. cardinal roger ma money i will be part of the conclave despite allegations of about his handles and victims say he should not be part of the group of cardinals saying it sends a terrible message. in addition to those two scandals there are explosive allegations about what may have been going on behind the scenes in vatican city. more on that now from ben wedeman. >> i will not abandon th
>>> benedict xvi becomes the first pope to abdicate in 700 years. >> his final day begins with a meeting with the cardinals who lined up one by one to say their personal good-byes. as the pope pledged unconditional obedience to his successor. >> we catholics call him our holy father. he is like the papa, the daddy of the family, and to see this gentle, learned, lovely holy man, to see him very fragile, to see him having made what i consider to be a remarkably humble and courageous decision, it was very moving. it was a very tender movement. >> pope benedict then left the vatican by helicopter to begin his retirement at castle gondolpho where emrerjed a while ago to greet well wishers who have gathered in the paizza. piazza. the papal summer retreat will be benedict's temporary residence. he will be watching from the sidelines as the cardinals begin the task of choosing a new leader for the catholic church. also in rome today secretary of state john kerry meeting for the first time with syrian rebel leaders to announce a major shift in u.s. policy, but is it enough? for the
. >> speculation this morning over who will lead the catholic church now that pope benedict xvi has announced his historic resignation. >> a pretty dramatic change. it means he'll go from wearing a robe all day to wearing a robe all day. >> "top gear" has shown a video of a helicopter racing a cobra with a disastrous ending. >> the end of the mardi gras season. >> i like it very much. >> all that -- >> the westminster dog show is back. >> keep mice from overrunning their mistresses' boudoirs. >> that's interesting. >> top ten questions on the application to become a swimsuit model. >> how does brent musburger describe you? >> and all that matters -- >> awarded the medal for courageous action. his son stole the show playing peek-a-boo. >> colin is not as shy as clint. >> on "cbs this morning." >> lightning struck the vatican just hours after pope benedict would be announce-- pope benedict poebz a announced his resignation. >> what will the pope do? he could become the most distinguished walmart greeter of all time. >>>, with >>> welcome to "cbs this morning." naerk north korea he
>>> stunning announcement, pope benedict xvi steps down. >> why he says the time is right. >>> i'm kai jackson. >> i'm mary bubala. here's what people are talking about. >>> catholics are stun ned by the pope's resignation. now the question is, who will replace pope benedict xvi. a report from the vatican. >> pope benedict xvi stunned the vatican saying he no longer has the strength to do the job. the 85-year-old says he will step down at the end of the month becoming the first pope to resign in 600 years. church leaders express their sadness. >> it's like watching your own dad get old and admit that he's not up to all the duties that being the head of the family involves. >> the news quickly spread through saint peters square. >> i hope the next pope can be better than this one. >> pope benedict became head of the catholic church in 2005 succeeding pope john paul, ii. he talked the priest scandal. some say he didn't go far enough. >> he wasn't ever as popular as the other popes. there are a lot of question marks over the way he dealt with the sex scandal. >> this is a historic m
. >> reporter: i will not abandon the church, benedict told the faithful in st. peter's square sunday to the tens of thousands who listened and applauded, it was a sentimental farewell. but to investigative newspaper journalist who has delved into alleged wrongdoing at the vatican, benedict's words carried different significance. "this does not mean to abandon. it means to fight," she says. "last sunday he said we are fighting against the temptations of power." temptations that may have proven too strong for some. she is one of two journalists who have reported on allegations of vatican corruption and blackmail, of gay clergy members by male prostitutes. damning headlines in "the rome daily," "sex and blackmailed careers are behind benedict xvi's resignation. compromised perhaps to senior levels, says a writer for "the newsweekly panorama." cardinals? >> si, cardinals. >> reporter: the details allegedly contained in a secret dossier prepared by three cardinals containing leaked and highly sensitive vatican documents. he says he believes attempts by pope benedict at reform were stymied
minutes past the hour. and now pope benedict xvi's stunning announcement that he'll be stepping down we have an idea when a new pope will take the reins. jim bittermann explains. >> reporter: since no pope has resigned in six centuries, there's very little precedent for what will happen at the vatican, but there are a few hints. the papal spokesman announced that there'll be a new pope by easter. easter is the 31st of march, so the 118 members will have to get through that. the spokesman also said the college of cardinals will not convene while the pope is still? office. so that means the popes will not go into conclave before he steps down. the election process itself could be quite short. with jet travel it no longer takes weeks for cardinals to gather. in fact third quarter could arrive early in march. what will be missing is the period of mourning and reflection that takes place when a pope dies. it is still an open question whether the cardinals will immediately fwaer and go sbieng the conclave or take a few days to get into the mood for electing a pope. also unclear is whether wit
benedict xvi no longer is the leader of the 1.2 billion roman catholics. his resignation the first of any pope in nearly 600 years took effect a couple hours ago. christiane amanpour is joining us. benedict ended his reign a couple of hours ago. what's it like now? what's the mood there? >> reporter: well, listen, i think people are taking it in stock and moving forward but i must say a couple of hours ago when 2:00 p.m. eastern, 8:00 p.m. local, the swiss guard, the traditional guard that protects the pope walked inside, closed the doors when he was at castel go gandolfo and you got that sense of finality t, it's been very dramatic when he flew in his helicopter, landed there, came out on the balcony of the summer residence and told people, i am no longer pope today. i am just a pilgrim. all of a sudden the emotion and enormity of what happened, because it's a precedent-setting event, all of that set in and you saw the pope look almost -- i don't know. almost relieved when he gave his last blessing. having looked very tired in morning in his meeting with the cardinals and yesterday durin
. >>> more details are coming out today about pope benedict xvi's health and the last appearances he will make before stepping down. danielle nottingham has the latest for wjz from the vatican. >> the crowds in st. peter's square are speculating about who will replace pope benedict xvi. some feel the time has come for more diversity in the catholic church. >> perhaps it would be good to have a black pope. >> i'm from venezuela. and we hope to get a pope from another country. >> i don't think it matter where is they're from, as long as as long as they open thelogically to welcoming in as many people as possible. >> reporter: cardinal peter turkson from ghana, could be the first black pope. cardinal leandro sandri of argentina is considered the top candidate from south america. pope benedict xvi is stepping down because the 85-year-old said he no longer has the physical or mental strength to lead. >> reporter: the vatican just disclosed that pope benedict received a pacemaker before he became leader of the catholic church in 2005 and recently, sec
of thousands of roman catholics are at the vatican this morning for benedict's last general audience as pope. >> the historic transition before benedict's formal resignation tomorrow. it's wednesday, february 27th. >> from abc news, this is "world news now." >> and good morning, everybody. i'm diana perez. >> and i'm rob nelson. history is in the making at st. peter's square as the pope officially retires tomorrow and that's coming up in our top story. on top of that, we'll turn to northern texas where a 16-year-old driver with a stuck accelerator pedal managed to avoid crash after crash. the panicky situation with speeds up to 100 miles per hour. lucky is an understatement. >> wow. >>> also this morning, the debate over working at the office or working from home. after a surprising order from the top corporate executive. where are you the most productive? >> would you do this show from home if you could? >> in a heartbeat. actually, i do live here. >> feels like we do. >> we're here every night. >>> coming up later this half hour, chris brown and rihanna's relationship has been on and off.
and msnbc contributor jonathan kapart of the washington post. pope benedict xvi is doing what no pope has done in 719 years. he has decided to ab -- he was elevated to the papacy after the death of pope john paul ii. news of this is reverb rating around the country and around the world. nearly one quarter of the united states, 74 million americans, are catholic, and worldwide there are 1.1 billion members of the church. >> encompassing a range of issues from contraception to policy. the timing of the announcement comes as a surprise. just two days before ash wednesday, which marks the start of the lentin season, the holyist period on the catholic calendar. joining us from washington, the host of msnbc's "hardball" chris matthews, and contributor and washington post columnist e.j. deon. chris, my colleague, the light in the darkness on many things political. >> right. >> what do you make of this announcement coming as it does two days before ash wednesday? it seems like a major surprise. to what degree do you think the catholic church will seize on this as a moment to pivot? >> you may thi
as this week. >> pope benedict xvi giving his last sunday blessing to a massive crowd in st. peter's square. thanking the faithful before he resigns on thursday. and italians are heading to the polls today in a crucial parliamentary election that could shape their future. italy is one of europe's biggest economies. >> kelly: office depot's acquisition of office max among mergers that have been announced recently. wall street appear to have approved but the mergers must get by the justice department. lately they have made a habit of blocking similar deals. what is going on here? joining us is brenda buttner, anchor of "bulls and bears", and always good to see you. why are we seeing so many of these messager deals taking shape? >> money. there is so much corporate cash on the sidelines that has not been invested. essentially what is happening, i think outside the financial sector, it's estimated there is $1.7 trillion on the sidelines in corporate cash reserves. they need to do something with that money. they are feel more confident. they are going to go on a shopping spree and essentially bu
point" begins right now. >>> welcome, everybody. pope benedict and his final public farewell. 1.2 billion catholics, making his last public appearance in st. peter's square, telling tens of thousands of followers his decision to step down comes with a deep peace of mind. >> translator: i have taken this step in full awareness of the gravity, seriousness and a profound serenity in my soul. >> chief international correspondent christiane amanpour joins us live from rome this morning. >> reporter: good morning, soledad. pilgrims streaming out of st. peter's square behind me, where they gathered several hours ago for the final public audience by pope benedict xvi. he did something rather unprecedented for these what are weekly audiences. he toured around the square in his pope mobile and tens of thousands of people inside the square got a first-hand look at him. lots of waving, lots of cheering, and he delivered his blessing and talked about what it maend to take the step, you just heard him say he understood the enormity of this, the gravity of it, and the novelty of it, this is in
t anna matranga has reaction. >> reporter: pope benedict xvi stunned the vatican saying he no longer has the strength to do the job. the 85-year-old pontiff says he will step down at the end of the month becoming the first pope to resign in 600 years. church leaders express their sadness. >> it's like watching your own dad get old. and admit that he's not up to all the duties of being a head of a family involves. >> reporter: the news quickly spread through st. peter's square. >> i hope the next pope can be better than this one. >> reporter: pope benedict became head of the catholic church succeeding pope john paul. some say he didn't go far enough. >> he wasn't ever as popular as the other popes and there are a lot of questions over how he handled the sex scandal in particular. >> reporter: there are several contenders but no clear front runner. >> who among this body has the qualifications, the characteristics, the spiritual gifts to fill that chair. >> reporter: pope benedict appointed half the cardinals that will choose his success
kudlow report." the holy father pope benedict xvi announced he will abdicate at the end of this month. health concerns and his worry that he will not be able to adequately lead the world's catholics are the main reasons why. is this a lesson to the world's politicians and ceos? i say you bet it is. >>> also tonight, president obama's state of the union address tomorrow night supposed to be about improving the economy and saving jobs. but i'm hearing tax increases. do they have any faith in this white house? what are they worried about? and can the stock market rally continue if washington starts to meddle again too much? we'll ask top names like bob lutz, obama supporter robert wolfe, and many more. >>> speaking of government meddling, red flags up again about obama care. killing jobs, even government jobs. one of the nation's most prominent surgeons told president obama to his face at last week's national prayer breakfast that he has a much better idea nap surgeon is going to join us this evening. "the kudlow report" begins right now. >>> first up, call it the marijuana shocker. the
this weekend. some media outlets in italy say they have uncovered the real reason pope benedict is stepping down. the real reason he's stepping down. >>> and church officials are doing something they almost never do. they're going public saying it's not true. and cnn's ben weanman has the very latest. ben? >> reporter: on february 11th, pope benedict xvi shocked the world, announcing he was stepping down at the end of the month. too old and too tired to conduct his official duties. but reports broke in two leading italian publications suggesting his reason for resigning was far more explosive. shock at the discovery of a network of gay priests at the vatican, blackmailed by a network of male prostitutes. according to the reports, the results of an investigation by three cardinals assigned to look into wrongdoing at the vatican were submitted to pope benedict on december 17th last year. the reports say that dossier also suggests serious financial improprieties within the vatican, amounting to violations of the sixth and seventh commandments, thou shall not steal or commit adultery. they were
. pope benedict the 16th is resigning. the pope is said to be resigning on the 28th of this month. we'll bring you more information as soon as it becomes available. again, according to cnn the pope is resigning, not retiring. >>> back here in maryland, a former first lady is expected to appear at a forum for candidates seeking to replace former anne arundel county executive john leopold. kendall urlik will join a forum on thursday. applications to become county executive must be submitted to the county council by this friday. >>> at the staple centers in los angeles the music industry's biggest night of the year, there were some surprises and memorable performances at this year's grammy awards. >> the grammys lived up to its reputation for being unpredictable when mumford and sons took home album of the year. >> we figured we weren't going to win anything because the black keys have been sweeping up all day. >> dan orback of the black keys took home four awards. fun made a splash this year. they won two grammys including best new artist and song of the year. >> and the grammy goes to
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